Disney Embraces Skinny Bundles in Strategy Shift

Bloomberg: Instead of raising red flags, Disney CEO Bob Iger has praised pay-TV’s trend toward lower-cost “skinny” bundles and wants to be in more. The shift shows much has changed in recent years. Dramatic growth at Netflix, Amazon and other online services is convincing big media companies they can’t afford to just play defense. They have to help cable and satellite companies stay relevant by participating in lower-priced TV packages.